The Commissioner determined deficiencies in petitioner's Federal income taxes in the amounts and for the years as follows: 1961, $30,296.36; 1962, $32,881.16; 1963, $39,068.12; and 1964, $43,275. The sole issue involved is the reasonableness of additions to petitioner's reserve for bad debts under section 166 (c), I.R.C. 1954.
FINDINGS OF FACT
The parties have stipulated certain facts, which, together with the exhibits attached thereto, are incorporated...
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